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News Breaks | | | | September 17, 2012 | | 17:32 EDT |  | DHR, IRIS | Iris International, Danaher merger agreement has $15M termination fee
On September 17, IRIS International (IRIS), Danaher (DHR), and Daphne Acquisition, an indirect wholly-owned subsidiary of Danaher, entered into a definitive Agreement and Plan of Merger, pursuant to which Danaher, through the Purchaser, will commence an offer to acquire all of the outstanding shares of the company’s common stock, par value $0.01 per share, for $19.50 per share in cash, without interest. The Merger Agreement can be terminated by Danaher or the company under certain circumstances, and the company will be required to pay Danaher a termination fee of $15M and reimburse Danaher for up to $3M of expenses in connection with certain terminations. The Merger Agreement has been adopted by the board of directors of the company and the board of directors of the company unanimously recommends that stockholders of the company tender their Shares in the Offer and, if necessary, vote to approve the Merger. | |
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News For IRIS;DHR From The Last 14 Days Check below for free stories on IRIS;DHR the last two weeks. |
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| May 20, 2013 | | 07:22 EDT |  | DHR | Electrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 20 at 7:30 am; not all company presentations may be webcasted. Webcast Link | |
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